Community Foundation of Western North Carolina

Establishing a Fund

Nonprofit Endowment Funds

The Community Foundation's mission is to promote regional philanthropy and develop community capital. We fulfill this mission by creating endowments, which generate a source of permanent income for charitable organizations. We provide local charitable organizations with expertise in administration and investment management for their endowment funds.

A nonprofit endowment can be established by the organization or by an individual donor for a specific nonprofit. Each year, spendable income from the endowment is made available to the nonprofit organization to support its charitable mission.

An initial gift of $25,000 can establish a nonprofit endowment fund. Additional gifts to the fund may be made in any amount.

Contact Sheryl Aikman, Vice President, Development, for more information about nonprofit endowment funds.

Click here for a list of Nonprofit Endowments Managed by The Community Foundation

Frances McDowell and the Smith-McDowell House

Click Here for Profile